200 Asphodel Drive
About This Property
Our ENCO home theater has been the centerpiece for countless movie nights and sporting events, while the spacious Florida Room recreation wing provides incredible flexibility for entertaining, family activities, and large celebrations. Integrated smart-home displays throughout the home make it easy to play music, communicate between rooms, answer the front door, and control lighting, security, and other home features from multiple locations. The primary suite has always felt like a private spa retreat, featuring custom California Closets, a luxurious steam shower, Jacuzzi waterfall soaking tub, and direct patio access. Nearly 12-foot privacy hedges surrounding the property create a peaceful, secluded setting rarely found. One of the home's most distinctive features is the spectacular custom 500-gallon saltwater aquarium, designed and built by the team from the television show Tanked. Enhanced with more than $50,000 in upgrades and a custom real reef design, it serves as a stunning focal point unlike anything else. The detached outbuilding with running water offers exceptional flexibility and future potential as a guest house, home office, art studio, workshop, or pool house.
The location has been another favorite feature--directly across from the Robert Trent Jones Golf Trail, just minutes from the airport with convenient nonstop flights to Atlanta, and approximately 90 minutes from the white-sand beaches of Destin and Panama City Beach.
Above all, this home has provided the perfect balance of luxury, comfort, privacy, and recreation, making every day feel like a vacation.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2026 | Listed by Coldwell Banker Realty | $1,631,460 | |
| Listed by Coldwell Banker Realty | |||
| Aug 29, 2025 | Price Decreased |
$2,100,000
↓ $300K
(12.5%) | |
| Price Decreased | |||
| Jun 27, 2025 | Listed | $2,399,999 | |
| Listed | |||
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Discover elegance and technology at 200 Asphodel Drive, a gated Mediterranean-style Total Smart Home across from the Robert Trent Jones Golf Course and minutes from a multimillion-dollar Pickleball complex. Every feature blends luxury and intelligence—from marble floors, marble fireplaces, and a custom 500-gallon aquarium to resort amenities including a pool, sauna, and two private theaters.
The chef’s kitchen is a culinary masterpiece with a Sub-Zero refrigerator, dual double ovens, dual pizza ovens, dual stovetops, microwave, trash compactor, luxury dishwasher, and a walk-in pantry. The main living area adds a laundry room with pull-out ironing board, while smart systems automate lighting, garage doors, fish tank, sprinklers, and security cameras.
Relax in the primary suite featuring a Jacuzzi soaking tub, steam shower, and full California closet. The mother-in-law apartment offers its own kitchen, theater, laundry, and separate entrance—perfect for guests or rental income. Complete with smart locks and intercom system, this property offers privacy, comfort, and innovation. Seller offering $7,000 in concessions, and the preferred lender provides 0.5%–1% credit—a rare opportunity for luxury buyers.
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| Jun 17, 2025 | Price Decreased |
$2,399,999
↓ $300K
(11.1%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed | $2,699,999 | |
| Listed | |||
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Experience Mediterranean luxury and modern innovation in this Total Smart Home near the Robert Trent Jones Golf Course. Featuring marble floors, marble fireplaces, a 500-gallon aquarium, resort-style pool, sauna, and dual theaters, this estate offers elegance and entertainment in every corner. The chef’s kitchen includes a Sub-Zero refrigerator, double ovens, pizza ovens, dual stovetops, and walk-in pantry. Enjoy a Jacuzzi tub, steam shower, and California closet in the primary suite, plus a full mother-in-law apartment with kitchen, theater, and private entrance. Smart systems control lighting, cameras, fish tank, sprinklers, and more. Seller offers $7,000 concessions and preferred lender credit of 0.5%–1%.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017